Stock Market Today: Stocks Turn Tail Amid November Jobs Miss, Omicron
by Kyle Woodley
Dec 03, 2021
2 minutes
At least momentarily, a mixed November jobs report seemed likelier to lift the market than weigh it down, but that promise quickly vanished Friday as the major indexes slid into the red.
Ahead of the open, the Bureau of Labor Statistics reported that just 210,000 nonfarm jobs were created last month, well shy of estimates for 573,000. Despite that lousy headline showing, some experts pointed to substantive strength elsewhere in the report.
"The unemployment rate dropped to 4.2% – the lowest since February 2020
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